BTCUSD Short term sell setup

Hi traders:

Similar like ETHUSD, I am seeing a potential sell on BTC also.

Similar price action across, we see a larger parallel channel structure, then price impulse down aggressively, broke out of the channel.

Then, we see a period of consolidation of the price action, which is a good indication that price may be forming a correction, and we can expect another push down from the market.

Right now the correction isnt finished, so I would wait for a more clear, developed correctional structure here and look for the sell.

Thank you

評論:

評論: